GCMAsia - AUDUSD
AUDUSD
2018-11-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.7265 | H4 |
| Support | 0.7225 | H4 |
AUDUSD, H4: AUDUSD was traded in sideway channel following prior breakout from the support level at 0.7225. MACD which display diminishing bearish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 0.7265.
Resistance level: 0.7265, 0.7290
Support level: 0.7225, 0.7205